3 Power Instrument, Wind Turbine and Energy Project Stocks With a Strong Future Roadmap: Rishabh Instruments, Inox Wind and Pace Digitek
- October 14, 2026
- Posted by: Kunal Singla
- Category: Best Stocks
Rishabh Instruments Rs 688.85, P/E 30.45. Inox Wind Rs 69.94, P/E 25.93. Pace Digitek Rs 164.14, P/E 11.08. Closing prices of 13 Oct 2026.
Quick Answer
Power instrument, wind turbine and energy project stocks with the clearest long-term roadmaps today include Rishabh Instruments in electrical measuring instruments, power-quality products and solar inverters, Inox Wind in wind turbine manufacturing, installation and project execution and Pace Digitek in telecom infrastructure, solar and energy storage projects. FY26 revenue growth was 8.3% at Rishabh Instruments, 23.4% at Inox Wind and 9.1% at Pace Digitek. P/E stands at 30.45 for Rishabh Instruments (industry 47.09), 25.93 for Inox Wind (industry 47.09) and 11.08 for Pace Digitek (industry 18.50). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Power instrument, wind turbine and energy project stocks give investors exposure to instruments, turbines and project work for utilities, telecom firms and renewable developers. Order flow, execution and margins decide how much of that demand turns into profit.
This list covers three power instrument, wind turbine and energy project stocks: Rishabh Instruments for electrical measuring instruments, power-quality products and solar inverters, Inox Wind for wind turbine manufacturing, installation and project execution and Pace Digitek for telecom infrastructure, solar and energy storage projects. Every figure comes from the latest reported financials and the 13 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Power Instrument, Wind Turbine and Energy Project Stocks?
Power instrument, wind turbine and energy project stocks are shares of companies that make instruments and turbines or execute energy projects. Results depend on order flow, execution and margins, so execution and margins separate the stronger names.
Power Instrument, Wind Turbine and Energy Project Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three power instrument, wind turbine and energy project stocks as of the 13 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Rishabh Instruments | 688.85 | 2,497 | 30.45 | 47.09 | 10.94% | 0.11 |
| Inox Wind | 69.94 | 10,801 | 25.93 | 47.09 | 6.35% | 0.25 |
| Pace Digitek | 164.14 | 3,492 | 11.08 | 18.50 | 13.48% | 0.44 |
Among power and electricals stocks, all three trade at a discount to their industry P/E multiples.
Why Do Power Instrument, Wind Turbine and Energy Project Stocks Have a Strong Roadmap in India?
Power instrument, wind turbine and energy project stocks have a strong roadmap in India because renewable capacity additions, grid quality needs and telecom rollouts keep adding orders for Indian energy firms. Three drivers stand out.
- Renewable capacity: Wind and solar programmes need equipment and projects.
- Grid quality: Utilities and industries buy instruments to track power use.
- Energy storage: Projects pair solar capacity with storage.
Rishabh Instruments: Measurement and Power Conditioning Products Build the Next Leg
Rishabh Instruments’ roadmap rests on electrical measuring instruments, power-quality products and solar inverters sold in India and overseas, with smart-grid, renewable and industrial-testing demand supporting volumes.
Revenue grew from Rs 479.92 crore in FY22 to Rs 795.84 crore in FY26, a 65.8% rise, and FY26 revenue was 8.3% higher than FY25. FY26 net profit was Rs 82.26 crore. In Q1 FY27, revenue grew 3.8% to Rs 201.92 crore. Operating margin was 19.04% in FY26 and 18.64% in Q1 FY27 against 17.15% a year earlier.
Debt to equity is 0.11 and return on equity is 10.94%. FY26 operating cash flow was Rs 108.48 crore against capital expenditure of Rs 110.39 crore. Rishabh Instruments paid a dividend of Rs 2 per share for FY26, a yield of 0.31%. At a P/E of 30.45 against an industry P/E of 47.09, the stock trades below its industry multiple.
What to watch: Q1 FY27 operating margin was 18.64% against 19.04% for FY26, so margin stability is the figure to follow as volumes grow.
Inox Wind: Wind Turbine Orders Anchor the Roadmap
Inox Wind’s roadmap rests on wind turbine manufacturing, installation and project execution, with renewable capacity additions supporting its order book.
FY26 revenue was Rs 4,569.36 crore, 23.4% higher than FY25. FY26 net profit rose 3.2% to Rs 449.10 crore. In Q1 FY27, revenue grew 1.1% to Rs 871.70 crore. Operating margin was 24.18% in FY26.
Debt to equity is 0.25 and return on equity is 6.35%. At a P/E of 25.93 against an industry P/E of 47.09, the stock trades below its industry multiple.
What to watch: Return on equity of 6.35% is modest.
Pace Digitek: Telecom and Energy Projects Anchor the Roadmap
Pace Digitek’s roadmap rests on telecom infrastructure, solar and energy storage projects, with network and clean energy spending supporting orders.
FY26 revenue was Rs 2,687.38 crore, 9.1% higher than FY25. FY26 net profit rose 10.1% to Rs 307.26 crore. In Q1 FY27, net profit rose 14.3% to Rs 62.51 crore. Operating margin was 19.11% in FY26.
Debt to equity is 0.44 and return on equity is 13.48%. At a P/E of 11.08 against an industry P/E of 18.50, the stock trades below its industry multiple.
What to watch: The P/E of 11.08 against an industry P/E of 18.50 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Best Power Instrument, Wind Turbine and Energy Project Stocks in India: Rishabh Instruments vs Inox Wind vs Pace Digitek on Key Financials
Among the best power instrument, wind turbine and energy project stocks in India, Rishabh Instruments leads on the lowest debt to equity and dividend yield; Inox Wind leads on FY26 revenue growth and FY26 operating margin; Pace Digitek leads on return on equity and the lowest P/E. The table puts the numbers side by side.
| Metric | Rishabh Instruments | Inox Wind | Pace Digitek |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 795.84 | 4,569.36 | 2,687.38 |
| FY26 revenue growth | 8.3% | 23.4% | 9.1% |
| FY26 net profit (Rs Cr) | 82.26 | 449.10 | 307.26 |
| FY26 operating profit margin | 19.04% | 24.18% | 19.11% |
| Return on equity | 10.94% | 6.35% | 13.48% |
| P/E ratio | 30.45 | 25.93 | 11.08 |
| Debt to equity | 0.11 | 0.25 | 0.44 |
| Dividend yield | 0.31% | 0.00% | 0.00% |
Power and electricals earnings follow order flow, execution and margins, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Power Instrument, Wind Turbine and Energy Project Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen power instrument, wind turbine and energy project stocks and shortlist power instrument, wind turbine and energy project stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check operating margin, debt and cash flow together.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Risks to Consider Before Investing in Power Instrument, Wind Turbine and Energy Project Stocks
- Order timing: Delays in customer projects can shift revenue between quarters.
- Government spending: Changes in public budgets can affect orders.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track Rishabh Instruments, Inox Wind and Pace Digitek live.
Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.
Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.
The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.
Spreading money across several sectors and company sizes helps keep a portfolio steady, because each business responds differently to interest rates, commodity prices and consumer demand.
Investors who plan to hold for several years often review results twice a year, check whether management delivered on earlier guidance and compare progress with the original reasons for investing.
Reading the notes to accounts and the management discussion section helps separate recurring income from one-time items, which matters when a single quarter looks unusually strong or weak.
Final Take: Which Stock Has the Strongest Roadmap?
These three power and electricals stocks cover power instruments, wind turbines and energy projects. Rishabh Instruments leads on the lowest debt to equity and dividend yield; Inox Wind leads on FY26 revenue growth and FY26 operating margin; Pace Digitek leads on return on equity and the lowest P/E.
Across power instrument, wind turbine and energy project stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the power instrument, wind turbine and energy project stocks to buy discussed here.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Power Instrument, Wind Turbine and Energy Project Stocks
Which are the best power instrument, wind turbine and energy project stocks in India with a strong roadmap?
Ans. Rishabh Instruments, Inox Wind and Pace Digitek stand out for their roadmaps in power instruments, wind turbines and energy projects. FY26 revenue growth was 8.3% at Rishabh Instruments, 23.4% at Inox Wind and 9.1% at Pace Digitek, and return on equity ranges from 6.35% to 13.48%.
Is Rishabh Instruments a good stock to buy now?
Ans. Rishabh Instruments has a debt to equity ratio of 0.11, a return on equity of 10.94% and a P/E of 30.45 against an industry P/E of 47.09. Valuation, order flow and execution move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Rishabh Instruments, Inox Wind and Pace Digitek?
Ans. The P/E ratio is 30.45 for Rishabh Instruments (industry 47.09), 25.93 for Inox Wind (industry 47.09) and 11.08 for Pace Digitek (industry 18.50). All of them trade below the industry multiple.
Which of these power instrument, wind turbine and energy project stocks has the highest return on equity?
Ans. Pace Digitek has the highest return on equity at 13.48%, followed by Rishabh Instruments at 10.94% and Inox Wind at 6.35%.
What are the risks of investing in power instrument, wind turbine and energy project stocks?
Ans. The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.
How did Rishabh Instruments, Inox Wind and Pace Digitek perform in Q1 FY27?
Ans. Rishabh Instruments reported revenue of Rs 201.92 crore, up 3.8% year on year. Inox Wind reported revenue of Rs 871.70 crore, up 1.1% year on year. Pace Digitek reported net profit rose 14.3% to Rs 62.51 crore.
Do power instrument, wind turbine and energy project stocks pay dividends?
Ans. Rishabh Instruments pays dividends. The dividend yield is 0.31% for Rishabh Instruments, based on dividends declared for FY26.
How can I invest in power instrument, wind turbine and energy project stocks in India?
Ans. You can buy power instrument, wind turbine and energy project stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
